The electricity generated from the Jharkhand units would be sold to power-deficient Bangladesh, where Adani is trying to expand as part of his goal to make the group a multinational energy and infrastructure conglomerate
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Strategic storage reserves are underground rock caverns used to store crude oil that can be used in case of a supply cut-off to a country
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India has launched a round of auctions of mines so that private firms can extract coal for their own use, after the Supreme Court in August 2014 cancelled more than 200 illegal coal block awards made over two decades
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India is attracting foreign investments in green energy after the government announced ambitious capacity addition targets
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The company, which is still grappling with the huge costs from the deadly 2010 Gulf of Mexico oil spill, said it would cut 7,000 jobs by 2017, nearly 9 per cent of its workforce
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China's manufacturing sector contracted at the fastest pace since 2012 in January, adding to worries about demand from the world's second-biggest economy at a time when the market is already weighed down by a large supply overhang
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IOC, the country's biggest refiner, had shut the crude unit after a fire broke out at a vacuum distillation unit on Saturday evening
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The three hikes in excise duty in January take to five the number of times tax rates on petrol and diesel have been raised this fiscal year
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